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HP commits to accelerating digital equity for 150 million people

HP's Sustainable Impact strategy to accelerate digital equity
HP's Sustainable Impact strategy to accelerate digital disinterestedness

As part of its Sustainable Affect strategy , HP Inc has announced an aggressive goal to advance digital equity for 150 million people by 2030. To assist attain its objective, the company announced the launch of HP PATH (Partnership and Engineering for Humanity), an accelerator program that will invest in local initiatives and partnerships to address challenges in underserved communities effectually the globe focused on education, healthcare, and the creation of economic opportunities .

"Our Sustainable Impact strategy is helping to strengthen our communities while spurring innovation and growth across our business organization. Creating engineering science that inspires progress has e'er been one of HP'southward greatest strengths, and nosotros keep to hold ourselves accountable for achieving the goals we have prepare," said Enrique Lores , President, and CEO, HP Inc.

"As digital technology transforms seemingly every aspect of our lives, in that location's a existent danger of more and more than people getting left backside. We cannot allow that to happen, and HP will work to pause downwards the digital dissever that prevents too many from accessing the teaching, jobs, and healthcare they need to thrive." Lores connected.

Accelerating Digital Equity

HP believes digital equity is a human being right and has invested in HP LIFE , a free It and business skills training program offered by the HP Foundation, and supports and teams up with organizations including Girl Rising, MIT Solve, and NABU to tackle this challenge.

Edifice on these efforts, HP commits to develop, launch, and manage a digital equity accelerator, that seeks to support the digital equity of disenfranchised communities past activating innovative solutions and services for 150 million people by 2030.

HP believes true digital equity requires iv key elements:

  • Hardware (east.thousand., laptop or printer).
  • Connectivity (e.g., access to the Internet).
  • Quality, relevant content (e.g., learning materials).
  • Digital literacy (e.g., skills to use the technology).

HP 2022 Sustainable Impact Study

HP Sustainable Impact is integral to helping the company become the world'south most sustainable and just technology company. This work is essential for the sustainability of the planet and society . It is an increasingly important driver of customer purchasing decisions, helping win more than $1 billion in sales in 2020—for the second consecutive year.

HP said it has remained steadfast in its commitment to accountability and transparency since the company published its first ecology and social touch report in 2001. In this year's Sustainable Impact Report, HP outlined the progress made in 2022 and improvements still needed.

Inaugural Sustainable Bond Framework

HP also appear the release of its Sustainable Bond Framework to aid inform and guide investments in projects that it believes volition assistance run into its goals and achieve a more sustainable and only future. In addition, information technology announced the pricing of $i billion of its inaugural sustainability notes. As part of the $two billion overall debt offering, these bonds are designed to empower investors to join HP in tackling of import economic, social, and sustainability issues .

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